China Rare Earth Group Co., Ltd. was established in Ganzhou, Jiangxi Province on the 23rd, Xinhua reported.
It is understood that China Rare Earth Group Co., Ltd. was established by Aluminum Corporation Of China Limited(601600) Group Co., Ltd., China Minmetals Group Co., Ltd. and Ganzhou rare earth group Co., Ltd. in order to realize the complementary advantages of rare earth resources and the coordinated development of rare earth industry, China Steel Research Technology Group Co., Ltd. and Youyan Technology Group Co., Ltd, It is a large rare earth enterprise group established according to the principles of marketization and legalization. After its establishment, China Rare Earth Group Co., Ltd. is a diversified central enterprise under the direct supervision of the SASAC of the State Council.
Rare earth permanent magnet concept A-Shares and H shares rose together. As of press time, Aluminum Corporation Of China Limited(601600) A-Shares rose by more than 8% and H shares rose by more than 10%; A-Shares China Minmetals Rare Earth Co.Ltd(000831) rose nearly 7%, and H shares Minmetals resources rose more than 11%.
Since this year, the rare earth market has been rising, and relevant concept stocks are also hot. The year-on-year growth of China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) and China Minmetals Rare Earth Co.Ltd(000831) exceeded 200%.
Citic Securities Company Limited(600030) the latest research report, entitled rare earth prosperity, permanent magnet spring, believes that high-performance Nd-Fe-B may enter a new round of capacity expansion cycle. Leading enterprises will continue to expand production capacity, and the rare earth permanent magnet industry will enter a new era of high-quality development.
A-Shares and H shares rose together
From the disk, the rare earth permanent magnet plate in the A-share market rebounded from the bottom in early trading, Jiao Zuo Wan Fang Aluminum Manufacturing Co.Ltd(000612) rose by the limit, Aluminum Corporation Of China Limited(601600) , Lizhong Sitong Light Alloys Group Co.Ltd(300428) rose by more than 7%.
Corresponding to the Hong Kong stock market, rare earth related stocks also rose sharply, with H-share Minmetals resources up 11% and Aluminum Corporation Of China Limited(601600) up more than 10%.
In fact, the market has long expected the news of “rare earth aircraft carrier”. As early as September 23, China Minmetals Rare Earth Co.Ltd(000831) announced that Chinalco group, Minmetals Group and Ganzhou Municipal People’s government planned the strategic reorganization of relevant rare earth assets.
Citic Securities Company Limited(600030) : rare earth prosperity, permanent magnet spring
After several rounds of speculation, the valuation of Rare Earth concept stocks is in a high position. What do you think of the future market of rare earth? The agency believes that the tightening state of rare earth supply and demand may last for 3 to 5 years, and the downstream demand will continue to increase.
Citic Securities Company Limited(600030) in the research report entitled rare earth prosperity, permanent magnet spring, it is said that with the vigorous development of the global new energy field, driven by the environmental protection policies of various countries and China’s “double carbon” policy, the new energy vehicle, industrial motor and wind power generation industry may usher in rapid development. In the field of new energy vehicles, it is expected that China Overseas new energy vehicles will drive the demand increment of 60000 tons and 78000 tons of high-performance NdFeB respectively; At the same time, industrial motor is expected to become the second largest downstream application field of rare earth permanent magnet. In 2023, industrial motor may drive the demand of about 24000 tons to 48000 tons of high-performance NdFeB.
According to Citic Securities Company Limited(600030) , under the continuous pull of new energy vehicles, industrial motors, wind power generation, traditional vehicles, variable frequency air conditioning, consumer electronics, rail transit and industry Siasun Robot&Automation Co.Ltd(300024) , with the strong support of the “double carbon” policy, the global demand for high-performance Nd-Fe-B will reach more than 360000 tons in 2030, and the future demand space for rare earth permanent magnet materials has been fully opened.
China International Capital Corporation Limited(601995) pointed out that the supply and demand of rare earth industry continued to tighten. The downstream rare earth industry continues to develop rapidly, and Nd-Fe-B magnetic material enterprises continue to expand production, forming demand support. The supply of rare earth is difficult to have a large increase in the short term, and the supply is relatively rigid. It is expected that the current tightening of rare earth supply and demand is expected to continue for 3 to 5 years.
Heavy! Just announced that another super “Big Mac” is coming! Affect trillions of plates
“Rare earth aircraft carrier” launched, three rare earth giants restructured, and the list of approved high growth concept stocks was released
China’s super “aircraft carrier” has been approved, and the trillion track is boiling! How big is the impact of the strategic reorganization of the assets of the two giants? Will the rare earth plate strengthen again?
(Shanghai Securities News)
